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Andersons, Inc. Director's Dealing 2024

Mar 5, 2024

32002_dirs_2024-03-05_7535f484-7881-4fca-ba33-f7820f42dcfd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Andersons, Inc. (ANDE)
CIK: 0000821026
Period of Report: 2024-03-01

Reporting Person: Rex Anne G (VP, Strategy, Planning and Dev)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Common Stock M 628 Acquired 23465.4 Direct
2024-03-01 Common Stock M 571 Acquired 24036.4 Direct
2024-03-01 Common Stock F 365 $55.28 Disposed 23671.4 Direct
2024-03-01 Common Stock A 23.64 Acquired 23695.04 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-01 RESTRICTED SHARE UNIT (2027) $ A 1205 Acquired Common Stock (1205) Direct
2024-03-01 RESTRICTED SHARE UNIT (2026) $ M 628 Disposed Common Stock (628) Direct
2024-03-01 RESTRICTED SHARE UNIT (2025) $ M 571 Disposed Common Stock (571) Direct

Footnotes

F1: Shares withheld to cover tax liability.

F2: Shares in lieu of cash dividend.

F3: Each restricted share unit represents the right to receive, upon vesting, one share of the Issuer's common stock.

F4: Restricted share units were granted on March 1, 2024 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

F5: Restricted share units were granted on March 1, 2023 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.

F6: Restricted share units were granted on March 2, 2022 as part of the Issuer's annual equity grant. Restricted share units have a graded vesting schedule over the three-year period from date of grant.